Open Lending Co-Founder, John Flynn, Retires from the Company’s Board of Directors
Open Lending (Nasdaq: LPRO) announced that co-founder John J. Flynn retired from the Board of Directors on January 16, 2025. Flynn, who served on the board since 2000 and was CEO from April 2000 to October 2022, will continue as a consultant through the end of 2025.
Flynn co-founded the company over 20 years ago with a mission to make vehicle ownership more accessible to near- and non-prime credit applicants. Under his leadership, Open Lending established itself as an industry trailblazer in lending enablement and risk analytics solutions for financial institutions.
Current CEO Chuck Jehl and Board Chairman Jessica Buss acknowledged Flynn's contributions in establishing a strong foundation for growth and innovation in the automotive lending industry.
Open Lending (Nasdaq: LPRO) ha annunciato che il cofondatore John J. Flynn si è ritirato dal Consiglio di Amministrazione il 16 gennaio 2025. Flynn, che ha fatto parte del consiglio dal 2000 ed è stato CEO da aprile 2000 a ottobre 2022, continuerà a lavorare come consulente fino alla fine del 2025.
Flynn ha cofondato l'azienda oltre 20 anni fa con la missione di rendere la proprietà di veicoli più accessibile per i richiedenti di credito near- e non-prime. Sotto la sua guida, Open Lending si è affermata come un pioniere nel settore delle soluzioni di abilitazione dei prestiti e degli analytics di rischio per le istituzioni finanziarie.
Il CEO attuale Chuck Jehl e il Presidente del Consiglio Jessica Buss hanno riconosciuto i contributi di Flynn nel costruire una solida base per la crescita e l'innovazione nel settore del prestito automobilistico.
Open Lending (Nasdaq: LPRO) anunció que el cofundador John J. Flynn se retiró de la Junta de Directores el 16 de enero de 2025. Flynn, quien formó parte de la junta desde el 2000 y fue CEO desde abril de 2000 hasta octubre de 2022, continuará como consultor hasta finales de 2025.
Flynn cofundó la empresa hace más de 20 años con la misión de hacer que la propiedad de vehículos sea más accesible para solicitantes de crédito near- y no-prime. Bajo su liderazgo, Open Lending se ha establecido como pionera en soluciones de habilitación de préstamos y análisis de riesgos para instituciones financieras.
El actual CEO Chuck Jehl y la presidenta de la Junta Jessica Buss reconocieron las contribuciones de Flynn en el establecimiento de una sólida base para el crecimiento y la innovación en la industria de préstamos automotrices.
Open Lending (Nasdaq: LPRO)은 공동 창립자 John J. Flynn이 2025년 1월 16일 이사회에서 은퇴했다고 발표했습니다. Flynn은 2000년부터 이사로 활동했으며 2000년 4월부터 2022년 10월까지 CEO로 재직한 후, 2025년 말까지 컨설턴트로 활동할 예정입니다.
Flynn은 20년 이상 전에 회사를 공동 창립하며, 거의 프라임 및 비프라임 신용 신청자들에게 차량 소유를 더욱 접근 가능하게 하겠다는 사명을 가지고 시작했습니다. 그의 리더십 아래, Open Lending은 금융 기관을 위한 대출 활성화 및 리스크 분석 솔루션 분야에서 산업의 선구자로 자리 매김했습니다.
현재 CEO인 Chuck Jehl과 이사회 의장인 Jessica Buss는 자동차 대출 산업에서 성장과 혁신을 위한 강력한 기반을 구축하는 데 Flynn의 기여를 인정했습니다.
Open Lending (Nasdaq: LPRO) a annoncé que le cofondateur John J. Flynn a pris sa retraite du conseil d'administration le 16 janvier 2025. Flynn, qui faisait partie du conseil depuis 2000 et a été PDG d'avril 2000 à octobre 2022, continuera à agir en tant que consultant jusqu'à la fin de 2025.
Flynn a cofondé l'entreprise il y a plus de 20 ans avec pour mission de rendre la possession de véhicules plus accessible aux demandeurs de crédit near- et non-prime. Sous sa direction, Open Lending s'est imposée comme un pionnier dans les solutions de facilitation de prêts et d'analytique de risques pour les institutions financières.
Le PDG actuel Chuck Jehl et la présidente du conseil Jessica Buss ont reconnu les contributions de Flynn dans l'établissement d'une solide base pour la croissance et l'innovation dans le secteur du crédit automobile.
Open Lending (Nasdaq: LPRO) gab bekannt, dass der Mitbegründer John J. Flynn am 16. Januar 2025 aus dem Vorstand ausscheidet. Flynn, der seit 2000 im Vorstand tätig war und von April 2000 bis Oktober 2022 CEO war, wird bis Ende 2025 weiterhin als Berater tätig sein.
Flynn gründete das Unternehmen vor über 20 Jahren mit der Mission, den Fahrzeugbesitz für Kreditnehmer mit nahezu prime und non-prime Krediten zugänglicher zu machen. Unter seiner Leitung hat sich Open Lending als Vorreiter in der Bereitstellung von Kreditlösungen und Risikoanalytik für Finanzinstitute etabliert.
Der aktuelle CEO Chuck Jehl und der Vorstandsvorsitzende Jessica Buss würdigten Flynns Beitrag zur Etablierung einer soliden Grundlage für Wachstum und Innovation in der Automobilfinanzierungsbranche.
- Smooth leadership transition with Flynn remaining as consultant through 2025
- Maintains continuity of vision with experienced CEO Chuck Jehl at helm
- None.
AUSTIN, Texas, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Open Lending Corporation (Nasdaq: LPRO) (the “Company” or “Open Lending”), an industry trailblazer in lending enablement and risk analytics solutions for financial institutions, today announced that John J. Flynn, Open Lending co-founder, retired from the Board of Directors on January 16, 2025. On January 17, 2025, Mr. Flynn agreed to serve as a consultant to the Company through the end of 2025.
“After years of service as a member of Open Lending’s Board of Directors, I have decided that now is the right time for me to step down. The Company is in capable hands under Chuck Jehl’s leadership as CEO," said Mr. Flynn. "When we started the Company over 20 years ago, it was built on a mission to make vehicle ownership more accessible to applicants in the near- and non-prime credit spectrum. I am honored to have been of service to the Company and its shareholders all these years and look forward to its ongoing success.”
Mr. Flynn served as a member of Open Lending’s Board of Directors since 2000 and previously served as Chief Executive Officer from April 2000 until October 2022.
“John has been an invaluable member of the Board. We thank him for his leadership and wish him well in his retirement,” said Jessica Buss, Chairman of the Board. “Thanks to John, we have a strong foundation for growth and focus on innovation to empower financial institutions to grow their portfolios and create access to vehicle ownership.”
“I want to personally thank John for his years of dedicated service to Open Lending. As one of the Company’s founders, John is one of the visionaries responsible for enabling financial institutions to grow securely while breaking down barriers to vehicle ownership,” said Chuck Jehl, CEO of Open Lending. “John has been instrumental in guiding our mission, growth strategy, and innovation in the automotive lending industry. We look forward to continuing his legacy.”
Learn more at openlending.com.
About Open Lending
Open Lending (NASDAQ: LPRO) provides loan analytics, risk-based pricing, risk modeling, and default insurance to auto lenders throughout the United States. For over 20 years, we have been empowering financial institutions to create profitable auto loan portfolios with less risk and more reward. For more information, please visit www.openlending.com.
Contact
Open Lending Media Inquiries
press@openlending.com
Open Lending Investor Relations Inquiries
InvestorRelations@openlending.com
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